5 Best Binary Options Brokers in Vietnam in 2024

In Vietnam, Binary Options Trading is regulated by the State Securities Commission (SSC), which regulates Vietnam’s derivative and securities market. They have been doubling efforts to promote integrity and transparency in the financial markets.

In 2006, The State Securities Commission (SSC) began regulating binary options trading, and a number of measures have been put in place to protect investors and traders. The SSC implemented rules around margin requirements, leverage limits, and risk disclosure.

Vietnam’s growth in binary trading options has been linked to the country’s strong economic growth, which increased its disposable income. Vietnam has one of the highest rates of internet penetration in Southeast Asia. However, there are still a number of challenges facing the market expansion; several initiatives are underway to address these challenges.

NB: Trading binary options involves risks; investors should thoroughly research before entering any investment transactions.

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Binomo – Most Reliable Binary Options Broker for Vietnamese

Binomo was established in 2014 with the mission to provide a simple yet convenient platform for online trading. The platform is regulated by CySEC (Cyprus Securities and Exchange Commission) and IFMRRC. The platform is intuitive and easy to navigate. Binomo has been in the binary trading industry for years, providing efficient trading experience to its users.

They offer free demo accounts for traders new to trading binary options. However, the profit or loss on this account isn’t real money.

Sign-up and Verification Process

• Create an account on their website.
• Provide your personal information and verify your identity
• Once the account is verified, make a minimum deposit of $10
• Begin Trading.

Trading Platform

Binomo has social trading features that allow users to copy trades of other successful traders on the platform. Their educational materials include video tutorials, webinars, and e-books.

Binomo has operations in over 130 countries and is available in multiple languages, e.g., Chinese, Spanish, English, Portuguese, etc. Their platform offers a range of assets such as stocks, indices, forex, and commodities.

Trading Features

What are some features you should expect when you register for Binomo? Here’s a list for you:

• Demo trading
• Technical indicator ( RSI, fractal, Parabolic SAR, Moving averages, MACD, and Bollinger Band)
• Analytic tool
• In chat customer support
• Tournament
• Economic calendar
• Education segments

Mobile App

• Android: Available ✅

• iOS: Available ✅

The app is called Binomo Trading app. It allows traders to trade on the go. Like the web-based platform, the mobile app also has the same features as the wide range of markets. The app is user-centric and provides real-time binary options market data.

Assets And Instruments

Pocket Option – The best binary options broker for beginners in Vietnam

Pocket Option began operation in 2017 and is headquartered in the Marshall Islands. They offer both binary options and CFDs. Pocket Option is regulated by the International Financial Markets Relations Regulations Centre (IFMRRC).

Pocket Option uses SSL encryption to protect all data transmissions of the company. They also have a strict Know Your Customer (KYC) policy to protect their traders from all forms of scams.

Sign-up and Verification Process

• Create an account on the Pocket Option website.
• Enter your email and password and a promo code if you have one.
• Verify your identity.
• Choose to either begin with a demo account or with real money.

Trading Platform

The Pocket Option trading platform is easy to navigate, and the interface is intuitive and easy to understand. The “trading history” feature allows binary options traders to view their past binary trades and analyze performance, and the “virtual portfolio” allows traders to test their trading strategies without risking real money.

Trading Features

Here are some of the major features to expect on Pocket Option:

• Limited time frame
• Social trading
• Tournament — for trading competitions and prize funds
• Profile management
• Chart management — technical indicators, trading tools, time frame management, etc.
• Deposit
• Withdrawal
• Achievement
• Finance

Mobile App

• Android: Available ✅

• iOS: Available ✅

The mobile app “Pocket Option bt tutu” is available on Apple’s App Store and Google Play store; the app is similar to the web-based platform, so there’s no cause for alarm.

Assets And Instruments

Quotex – Best binary options trading platform in Vietnam

Quoted was launched in 2019. It’s a relatively new online platform compared to the track record of other online trading platforms. With a mission to provide an efficient and fast platform for trading financial instruments with an average trade execution time of 0.09 seconds.

Quotex is based in Seychelles; it is regulated by the Financial Services Authority of Seychelles (FSA) and controlled by the International Financial Market Relations Regulation Center (IFMRRC).

Sign-up and Verification Process

• Create an account on their website
• Provide your personal information (email address and password) or sign up through your Google or Facebook account.
• Verify your identity
• Make a minimum deposit of $10
• Begin trading

Trading Platform

Their online platform is user-friendly, and they have low minimum deposits and withdrawal amounts. The company has a trading academy to help novice and successful traders learn about the market and improve their trading skills.

Trading Features

There are number of features on Quotex that you will need to know, this isn’t an exhaustive list:

• Signals
• Trading analytics
• Leaderboard
• Chart management— time frame control, trading tools, technical indicators, multiple instruments, and chart type.
• Tournament
• Market
• Signals
• Trades — monitor open orders, closed orders, etc.

Mobile App

• Android: Available ✅

• iOS: Unavailable ✅

Their platform is available on the web, desktop, and Android devices.

Assets And Instruments

Olymp Trade – Best binary options Platform with free demo

Olymp Trade was founded in 2014. the company has grown rapidly, becoming a top online binary broker in the world. CySEC (Cyprus Securities and Exchange Commission) regulates the company. The company is also registered and certified by the Financial Commission.

Sign-up and Verification Process

• Navigate the Olymp Trade website
• Input your email address and password, or Simply sign up with Facebook, Google, or Apple ID.
• After registration, you will go through a series of training sessions and learn how the platform is used.
• Verify your identity after registration
• Begin trading.

Trading Platform

The platform can be accessed from any device. The platform is suitable for both new and experienced traders. It has technical analysis tools, charts, and a wide range of indicators and drawing tools. Their platform also offers a number of order types, such as limit, stop orders, and market. The interface is user-friendly.

Trading Features

Despite being a simple binary options trading app with a well designed interface, it has sophisticated features as well. You’ll get:

• Technical indicators — SMA, EMA, Parabolic, Bollinger Band, Alligator, Ichimoku cloud, etc.
• Chart Management — candle stuck type, type of chart, and time frame management.
• Portfolio management
• Custom strategies
• Signals
• In chat support
• Educational resources.

Mobile App

• Android: Available ✅

• iOS: Available ✅

The app is free to download on the Apple Store and Google Play store. The features visible on the website are similar to those of mobile devices.

Assets And Instruments

IQ option – Best binary options trading experience

The company was founded in 2013 and also regulated by Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Authority of Seychelles (FSA). 

They are fully compliant with anti-money laundering regulations. The platform has a free demo account with $10,000 in virtual funds to test out trading strategies.

Sign-up and Verification Process

• Create an account on their website.
• Provide your personal information and verify your identity.
• After verification, make a minimum deposit of $10.
• Begin your trading journey.

Trading Platform

IQ Options has a lot of features, such as taking profit and stopping loss orders. They are a type of risk management tool used when trading. A take-profit order is a type of order used to close a trade when the market reaches a certain profit level, while a stop-loss order is used to close a trade when the market reaches an exact price.

These tools are used to limit losses if your prediction is wrong and lock in your profit when your prediction is right. They also offer a loyalty program that rewards regular traders with bonuses.

Trading Features

IQ Option like other Vietnam binary options brokers has some of the needed features you’ll ever need as a trader:

• Withdraw and Deposit
• Technical indicators
• Trading monitor
• Demo trading
• Trading alert
• Multiple time zone and varying time frame
• Customizable trading interface.

Mobile App

• Android: Available ✅

• iOS: Available ✅

The app is available on Google Play Store and Apple’s app store.

Assets And Instruments

Conclusion

Binary trading options can be a lucrative investment, but they are also a high-risk investment. Traders should carefully weigh their options before investing in any binary options broker.

If you are in Vietnam and looking for suitable binary broker options to trade with, this article has carefully stated the basic information you need to garner before investing. Doing your research before choosing a binary trading broker is also essential.

To further guide you in making an informed decision, we’ve compiled two additional resources for your convenience.

1. Top Binary Options Brokers Reviewed:

Navigate through our comprehensive table, which breaks down 118 brokers. Whether you prioritize regulatory security or diverse trading platforms, this table will provide a broad overview.

2. Binary Options Brokers Compared:

For those particularly interested in the financial aspects of their potential broker, our second table compares 120 brokers. This can be especially helpful if you’re working within a specific budget or looking for specific trading conditions.

Broker	Min. Deposit	Min. Order	Leverage	Rating	Margin Trading	Guaranteed Stop Loss
1.	$5	$1	Up to 1:100	-	No	No
2.	$10	$1	Up to 1:1000 for forex, varies for other instruments	4	Yes	No
3.	100 USD	0.01 Lot	up to 1:1000	3.7	No	No
4.	$100	0.01 Lot	Up to 1:500	-	Yes	No
5.	$10	$1	Up to 1:500	-	Yes	No
6.	$25	$1	N/A	2.3	No	No
7.	$100	0.01 lots	Up to 1:30 for retail clients, 1:300 for professional clients	-	Yes	Yes
8.	$5	Not specified	Up to 1:1000	4	No	No
9.	5 USD	0.5 USD	Up to 1:1000	4.4	Yes	No
10.	$10	$1	Up to 1:500	4.1	Yes	No
11.	$10	$1	Up to 1:1000	4.2	Yes	No
12.	$10	$1	Up to 1:400	-	Yes	No
13.	$200	Varies by asset	Up to 1:30 for retail clients, higher for professional clients	4.2	Yes	No
14.	Not available	Not available	Not available	2.5	No	No
15.	$100	0.01 Lot	Up to 1:30 for retail clients, 1:500 for professional clients	1.6	Yes	No
16.	$250	Not specified	Up to 1:1000	2.8	Yes	No
17.	$1	0.01 Lot	up to 1:3000	-	Yes	No
18.	$100	0.01 Lots	Up to 1:400	4.7	Yes	No
19.	$250	0.1 lot	up to 1:100	1.5	Yes	No
20.	$200	0.01 lots	Up to 1:500	4	Yes	No
21.	100 USD	0.01 lots	up to 1:200	3.4	Yes	No
22.	$100	0.01 lots	up to 1:500	1.5	Yes	No
23.	$100	0.01 Lot	Up to 1:300	4.1	Yes	No
24.	$200	0.01 lot	Up to 1:500	3.8	Yes	No
25.	$1	0.01 Lot	Up to 1:1000	3.3	Yes	No
26.	$5	0.01 lots	up to 1:888	3.8	Yes	No
27.	$200	0.01 lots	up to 1:2000	-	Yes	No
28.	100 USD	0.01 of the lot	up to 1:30 for retail clients, up to 1:600 for professional clients	3.9	Yes	No
29.	100 USD	0.01 Lot	Up to 1:500	1.8	Yes	No
30.	250 USD	1 USD	1:50	2.4	No	No
31.	$250	$1	1:1	1.7	No	No
32.	$1	0.01 Lot	Up to 1:1000	3.8	Yes	No
33.	$10	$1	None	3.8	No	No
34.	$20	0.01 lots	up to 1:300	3.3	Yes	No
35.	$250	0.01 lots	Up to 1:30 for retail clients, 1:200 for professional clients	3.9	Yes	Yes
36.	$10	0.01 Lot	up to 1:1000	2.7	Yes	No
37.	$100	0.01 lots	Up to 1:500	4.4	Yes	No
38.	$100	0.01 Lot	Up to 1:300	4.1	No	No
39.	$10	0.01 lots	Up to 1:2000	3.8	Yes	No
40.	$50	0.01 lots	Up to 1:400	-	Yes	No
41.	$100	0.01 Lot	Up to 1:300	3.4	Yes	No
42.	100 USD	0.01 Lot	Up to 1:500	4.2	Yes	No
43.	-	0.01 Lot	Up to 1:500	4	Yes	No
44.	$100	0.01 Lot	Up to 1:30 for retail clients, up to 1:200 for professional clients	2.1	Yes	No
45.	10 USD	0.01 Lot	up to 1:2000	2.5	Yes	No
46.	$1	0.01 Lot	up to 1:1000	3	Yes	No
47.	$100	0.01 lots	up to 1:500	3.8	Yes	No
48.	$50	0.01 lots	Up to 1:200	4.7	Yes	No
49.	$0	0.01 micro lots	Up to 1:50 for US clients, varies for other regions	3.4	Yes	No
50.	N/A	N/A	N/A	4.4	No	No
51.	100 EUR/USD/GBP	0.01 lots	Up to 1:200	3.6	Yes	No
52.	100 USD	N/A	Up to 1:1000 (Varies by broker and regulation)	3.6	Yes	No
53.	$500	Not specified	Up to 6:1 for day trades, 2:1 for overnight positions	3.2	Yes	No
54.	0 GBP	0.01 lots	Up to 30:1 for retail clients, up to 500:1 for professional clients	4	Yes	Yes
55.	$500	Varies by asset	Up to 1:50 for stocks, varies for other instruments	4.5	Yes	No
56.	$200	0.01 lots	Up to 1:500	4.8	Yes	No
57.	Variable depending on account type and region	0.01 lots	Up to 1:1000	3.2	Yes	No
58.	$200	0.01 lots	Up to 1:30 for retail clients, up to 1:500 for professional clients	3.9	Yes	No
59.	$100	0.01 lot	Up to 1:400	4.3	Yes	Yes
60.	$0 for Standard Account, $500 for ThinkZero Account	0.01 lots	Up to 1:500 for Forex	4.3	Yes	No
61.	100 GBP	0.01 lots	Up to 1:30 for retail clients, up to 1:300 for professional clients	1.9	Yes	No
62.	$0	Not specified	Not applicable for U.S. based investment brokers	1.2	Yes	No
63.	$0	N/A	Up to 1:50 for Forex (for professional clients)	1.2	Yes	No
64.	$0 for IBKR Lite, $100 for IBKR Pro	No minimum order size	Up to 1:50 for stocks, varies for other instruments	3	Yes	No
65.	$50	0.01 Lot	Up to 1:500	4.3	No	No
66.	$500	0.01 lots	up to 1:30 for retail clients, up to 1:200 for professional clients	3.1	Yes	No
67.	$100	0.01 Lot	up to 1:1000	3.1	Yes	No
68.	$500	0.01 lots	Up to 1:400	1.3	Yes	No
69.	$10	0.01 Lot	up to 1:1000	4.4	Yes	No
70.	$0	Not specified	Up to 1:50 for stocks	1.1	Yes	No
71.	$500	Not specified	Up to 1:50 for stocks	1.1	Yes	No
72.	No minimum deposit	0.01 lots	Up to 1:500	2.6	Yes	No
73.	$10	0.01 Lot	up to 1:1000	3.4	Yes	No
74.	$1	0.01 Micro Lot	Up to 1:2000	4.6	Yes	No
75.	$200	0.01 Lot	up to 1:100	3.5	Yes	No
76.	10 USD	1 USD	1:100	3.4	No	No
77.	100	0.01	Up to 1:200	-	Yes	Yes
78.	-	-	-	1.5	No	No
79.	$2,000	Varies by asset class	Up to 1:30 for retail clients, higher for professional clients	3.7	Yes	No
80.	500 EUR	0.01 lots	up to 1:200	3.4	Yes	No
81.	$50	0.01 Lot	Up to 1:1000	2.3	Yes	No
82.	1000 CHF or equivalent	Not specified	Up to 1:100 for Forex	3.4	Yes	No
83.	100 USD/EUR/GBP	0.01 lot	Up to 1:800 (varies by instrument and regulatory requirements)	-	Yes	Yes
84.	$100	0.01 lots	up to 1:500	3.7	Yes	No
85.	$200	0.01 Lot	Up to 500:1	3.5	Yes	No
86.	$25	0.01 Lot	up to 1:1000	-	Yes	No
87.	$100	0.01 lots	Up to 1:500	3.4	No	No
88.	$1	0.01 Lot	up to 1:1000	1.9	Yes	No
89.	10 OPEX (Kyrgyzstani Som)	-	Up to 1:3000 (unverified, reported on forums)	-	Yes	No
90.	$50	0.01 lot	up to 1:500	-	Yes	No
91.	10,000 USD	Not specified	Up to 1:50	2.5	Yes	No
92.	$500	0.01 lot	up to 1:100	2.9	Yes	No
93.	$500	0.01 Lot	up to 1:200	1.8	Yes	No
94.	$0	1 share or $1 for fractional shares	N/A	-	No	No
95.	N/A	N/A	N/A	-	No	No
96.	$0	Not specified	Up to 1:4 for stocks	-	Yes	No
97.	$500	N/A	N/A	-	No	No
98.	Not specified	Not specified	Not applicable	-	Yes	No
99.	INR 0	Not specified	Up to 6x for equity intraday, varies for other segments	-	Yes	No
100.	$100	$1	Not applicable	-	No	No
101.	$0.10	Varies by asset	Up to 1:3 for cryptocurrencies	-	Yes	No
102.	$5,000	1 property	N/A	-	No	No
103.	В зависимости от страны и типа учетной записи	N/A	N/A	-	No	No
104.	No minimum deposit requirement	Varies depending on the cryptocurrency	Up to 3x for some trading pairs	-	Yes	No
105.	$0	Varies by asset	Up to 100x for cryptocurrencies	-	Yes	No
106.	$0	1 share or $1 for ETFs and mutual funds	Not typically offered	-	No	No
107.	$0	Varies by asset	None	-	No	No
108.	$0	Not specified	Not generally offered	-	No	No
109.	$0	N/A	N/A	-	Yes	No
110.	No official minimum deposit	Varies by asset	Up to 1:100 for certain instruments	3.2	Yes	No
111.	-	-	-	-	Yes	Yes
112.	1$	-	-	-	Yes	Yes
113.	-	-	-	3.8	Yes	Yes
114.	$5	-	1:30	4.1	Yes	Yes
115.	$10	-	1:500	1.5	Yes	Yes
116.	10$	-	1:500	-	Yes	Yes
117.	-	-	-	2.8	Yes	Yes
118.	$1	-	-	-	Yes	Yes
119.	-	-	1:500	-	Yes	Yes
120.	100$	-	-	-	Yes	Yes
121.	250$	-	Up to 1:500	-	Yes	Yes
122.	$0.0012	-	-	-	Yes	Yes
123.	$250	-	Maximum leverage of 1:400	2.3	Yes	Yes
124.	$250	-	Max leverage 1:500	1.3	Yes	Yes
125.	$500	-	1:6	4.6	Yes	Yes
126.	-	-	Starts at 1:20	2.1	Yes	Yes
127.	1$	-	1:400	3.6	Yes	Yes
128.	-	-	-	-	Yes	Yes
129.	138$	-	1:100	4.3	Yes	Yes
130.	10$	-	Not applicable for GC Option, max 1:500 on Grand Capital	2.5	Yes	Yes
131.	-	-	1:3000	4.8	Yes	Yes
132.	$10	-	1:500	4.7	Yes	Yes
133.	5$	-	-	3.4	Yes	Yes
134.	-	-	1:500	4.7	Yes	Yes
135.	200$	-	Up to 1:500	4.4	Yes	Yes
136.	$0	Not specified	Up to 1:50 for Forex	1.5	Yes	No
137.	$20	-	-	4.5	Yes	Yes
138.	$500	-	-	-	Yes	Yes
139.	-	-	-	4	Yes	Yes
140.	250$	-	1:30	4.3	Yes	Yes
141.	$100	-	-	4	Yes	Yes
142.	-	-	1:500	4.6	Yes	Yes
143.	1$	-	-	-	Yes	Yes
144.	20$	-	-	-	Yes	Yes
145.	-	-	-	-	Yes	Yes
146.	0$	-	Up to 1:2000	-	Yes	Yes
147.	100$	-	-	-	Yes	Yes
148.	-	-	-	-	Yes	Yes
149.	$5	-	-	-	Yes	Yes
150.	-	-	up to 1:500	-	Yes	Yes
151.	$100	-	1:1000	4.1	Yes	Yes
152.	-	-	-	4.6	Yes	Yes
153.	-	-	-	-	Yes	Yes
154.	$100	-	Up to 1:500	4.9	Yes	Yes
155.	$0	-	1:500	-	Yes	Yes
156.	$5	-	Up to 1:3000	4.3	Yes	Yes
157.	$1	-	1:500	4.4	Yes	Yes
158.	$200	-	1:2000	-	Yes	Yes
159.	-	-	-	-	No	No
160.	-	-	-	-	Yes	Yes